Sentences with phrase «anchor tenant ntt»

Back then, union demonstrations and opposition from City Council members put Vornado on the spot, making the developer choose between its potential anchor tenant and its project.

But like the last bridesmaid to get engaged, despite years of efforts by Avison Young to ensure the building's former iteration was widely courted, poked and prodded, there's still no ring on the finger — or anchor tenant inked on a dotted line.

«We try to control our real estate so that if an anchor tenant closes, we can control our destiny and put someone else in.»

The deal came at the suggestion of Giant Food, the anchor tenant for all three centers, Levin announced.

As an anchor tenant, Washington University in St. Louis will lease 69,000 sq. ft. of space for its offices of technology management, research administration and faculty practice plan.

The prominent law firm Skadden, Arps will be the anchor tenant and has agreed to a 20 - year lease, Brookfield Property Partners announced last year.

Hileman says the company may: * combine the arcade concept with food or liquor; * open a center on a college campus; * locate in a theater, hotel or larger amusement park and share revenue; * increase the size and entertainment offerings of the center so that it can serve as an anchor tenant in a mall; or * position the arcade near other entertainment venues such as ice skating rinks.

Without an anchor tenant, lenders regarded the endeavor as risky and would lend only about two - thirds of the small project's cost.

Highlands Plaza was completed in 1989 and features Winn Dixie as the anchor tenant.

Newark's park revitalization, said Harnik, has brought other development to the area, including the adaptive reuse of the former Hahne's Department Store, which will feature Whole Foods as its anchor tenant.

WinnDevelopment is still committed to the landmark Sibley Department Store building in downtown Rochester, N.Y., even after a setback that could rob the firm of its anchor tenant.

But it's unclear how much of a role the identity of the anchor tenant plays in pricing.

The developer had asked the brokerage to help him find an anchor tenant for a planned big - box retail development, informally known as the Trenton Project.

Sidley Austin Brown & Wood LLP has agreed in principle to become the anchor tenant in a Loop tower proposed by Hines, a Houston development firm, as downtown office building construction is seemingly unfazed by uncertainty over the economy and the war against Iraq.

The office anchor tenant, the American Medical Association, has agreed to lease 275,000 square feet, said a Jones Lang LaSalle spokeswoman.

In January 2015, the property lost its anchor tenant, Logistic Management Institute, which had occupied 84.5 percent of the 256,022 - square - foot office building, according to the loan documents.

«The developers found an anchor tenant, Smith Barney, to kick it off,» said Daniel Bessey, a first vice president at CB Richard Ellis, who will be leasing the remaining space.

Shortly after, Gaedeke's anchor tenant NTT Data made another big statement by leasing an additional 233,000 square feet at neighboring project, the Campus at Legacy West.

This form is to be used to lease space / s in shopping centers that have one or more anchor tenant.

For retail centers without an anchor tenant (i.e. «strip centers») either of the Standard Industrial / Commercial Single Tenant leases is more appropriate.

A typical shopping center, mall or power center draws consumers who are attracted by the anchor tenant.

Warner Theaters may also be an anchor tenant in some of the projects.

«The lender recognized the strength of the anchor tenant and Class A location of 7100 Highlands Parkway and was able to bring to the table the most competitive rate and term for a smooth close,» said Hill.

The Corner at Bellevue Square landed Crate & Barrel as its anchor tenant.

«This has resulted in more owners once again seeing theaters as a positive part of the retail mix, making them more desirable as an anchor tenant.»

One place Knotel will probably not go to, at least for now, is Dock 72, the ground - up office development at the Brooklyn Navy Yard that Rudin is building along with Boston Properties Inc. — and where WeWork is the anchor tenant.

The Greater Chicago Auto Auction, the park's anchor tenant, will move into the park next year...

But the center's anchor tenant, Pathmark Supermarkets, is the dominant grocer in the Ironbound section of the city.

«They want to determine if an anchor tenant's business is viable for the long term or will be put out of business by Amazon,» he adds.

Transbay will be a new icon for the city and state, but also a beacon for a progressive anchor tenant looking for the finest, sustainable office space.»

The anchor tenant at the property is United Airlines.

Bay Adelaide Centre's anchor tenant is KPMG; other significant tenants include law firms Heenan Blaikie, Goodmans LLP and Fasken Martineau.

The 175,000 sq. ft. Gentilly Woods Shopping Center will receive a new $ 1 million façade and also will be remodeled to allow for an additional anchor tenant.

Deloitte will be the anchor tenant, occupying almost a third of the available space (160,000 square feet).

The New York Times Tower — A 52 - story tower on the east side of 42nd street and Eighth Avenue, welcomed anchor tenant The New York Times earlier this year.

However, in order to attract the office supply store, the developer offered a lease provision granting an option permitting the smaller tenant to terminate, pay a reduced rent or other negotiated concession, should the anchor tenant stop conducting business or vacate the center.

The one thing that is driving it is certain upscale retailers or even department stores are willing to go in and be only one anchor tenant in centers that are smaller than a regional mall.

The anchor tenant may in turn offer a covenant to open, provided the corollary co-tenancy requirements contained in the lease have been met, and may also agree to continuously operate for a limited time.

The anchor tenant typically flexes its bargaining power and insists it retain a right to «go dark.»

An anchor tenant and a tenant occupying an in - line store frequently fare differently in negotiations concerning operating covenants.

Top South African law firm Bowmans earned the Property Team of the Year award for its work on OId Mutual Property's $ 64m Kenyan investment in the largest shopping mall anywhere in east, central and southern Africa (outside of South Africa), and one of only two malls in Kenya to attract international brands (Carrefour is the anchor tenant).

Even where a provision is subject to Ch 1, it may still be treated as exempt if it is reasonable and brings economic and consumer benefits (eg a restriction in a shopping centre lease necessary to attract an anchor tenant without whom the centre would not be viable).

A large shopping mall thrived with Sears as the anchor tenant at one end and JCPenney at the other.

Thus, in the case of covenants protecting an «anchor tenant» in a shopping centre, while there may a strong case for establishing a breach of Art 101 (1) «by effect» (if not «by object») the benefits that may be shown from those covenants and the economic effect of the anchor tenant within Art 101 (3) must be demonstrated by the parties seeking to assert the validity of the agreement.

«Cooper Union is our anchor tenant,» Singer said proudly of his revamped «state - of - the - art» dorm, dubbed «University House,» which he's aiming to open in fall 2014.

One of the galleries tapped for the project, the Paul Kasmin Gallery, will serve as the anchor tenant and expand into a 5,000 - square - foot space.

Other major Bay Area galleries experiencing growth spurts include Rena Bransten Gallery, which will be the anchor tenant at the new Minnesota Street Project, opening March 18; Anglim Gilbert Gallery, which recently announced plans to open a second space in the same Minnesota Street complex; and Jeffrey Fraenkel Gallery, opening a satellite called FraenkelLAB April 14 at 1632 Market St.

ARIA, the anchor tenant of the CityCenter complex, is a compelling work of art in and of itself.

In many instances, Reading benefits by having its own multiplex as an anchor tenant and by having itself as landlord.

But there is a modest proposal possibility to find just that — a rival retail anchor tenant, which has great search algorithms, does a good job of «you might also like» for me, and the prices are competitive.